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Newmalayalam Steel Limited Approves Subscription to Rights Issue of Subsidiary Prime NMS Private Limited
Newmalayalam Steel Limited Approves Subscription to Rights Issue of Subsidiary Prime NMS Private Limited Newmalayalam Steel Limited announced that its Board of Directors, during a meeting held on Wednesday, April 08, 2026, accorded approval for the company to subscribe to the equity shares of its subsidiary, M/s. Prime NMS Private Limited. This approval relates to the subsidiary's proposed Rights Issue.The Board's decision included authorization to subscribe to the Equity Shares of M/s. Prime NMS Private Limited to the full extent of the company's Rights entitlement offered through the Rights Issue. Furthermore, the company received approval to subscribe to additional shares and any unsubscribed portion of the Rights issue, up to the...
Scoda Tubes Ltd Secures Approval for Ground Mounted Solar Project
Scoda Tubes Ltd Secures Approval for Ground Mounted Solar Project Scoda Tubes Ltd has received approval from the Gujarat Energy Development Agency (GEDA), a Government of Gujarat Organization, for setting up a Ground Mounted Solar Project for its captive consumption. The project is situated at Survey no. 295, Village- Mudana, Ta- Sidhpur, Dist.- Patan, under Consumer No. 20301, and falls under the Gujarat Integrated Renewable Energy Policy-2025.The approved capacity for the facility is specified as 3 MW (AC) or 3.8 MW (DC).Project details, including the total estimated cost, average daily and yearly generation, and projected savings, are detailed below.ParticularsDetailsTotal estimated cost of the projects (Approx)Rs...
Newmalayalam Steel Limited Appoints CFO on April 8, 2026
Newmalayalam Steel Limited Appoints CFO on April 8, 2026 On April 8, 2026, the Board of Directors of Newmalayalam Steel Limited, in a meeting held that day, appointed Mr. Avinash P V as the Chief Financial Officer (CFO) and Key Managerial Personnel of the company. This appointment followed recommendations from the Nomination and Remuneration Committee and the Audit Committee.The board meeting commenced at 4:00 P.M. and concluded at 4:35 P.M. on Wednesday, April 8, 2026.New CFO Profile Details Mr. Avinash P V, a Chartered Accountant, brings 12 years of experience in finance, accounts, and audit. His experience includes 4 years of post-qualification practice. His areas of specialization include financial reporting, taxation, statutory...
Le Merite Exports Limited Board Approves Split of Equity Shares
Le Merite Exports Limited Board Approves Split of Equity Shares Le Merite Exports Limited's Board of Directors, during a meeting held on April 8, 2026, approved the sub-division or split of the company's equity shares. This corporate action involves splitting one equity share with a face value of Rs. 10 each into five equity shares, each with a face value of Rs. 2.The proposed split requires the consequential alteration of the Company's Memorandum of Association, which is subject to the approval of the Members via a postal ballot, alongside any requisite regulatory or statutory approvals. The Board noted that the record date for this equity share sub-division will be communicated at a later time.The company plans to issue a Notice...
Vibhor Steel Tubes Management to Participate in YouTube Podcast
Vibhor Steel Tubes Management to Participate in YouTube Podcast Vibhor Steel Tubes Ltd, formerly known as Vibhor Steel Tubes Private Limited, confirmed that its management is scheduled to participate in a virtual YouTube Podcast organized by Small Cap Spotlight.The participation is set for Friday, April 10, 2026, at 1:00 P.M. IST. During the event, Mr. Vibhor Kaushik, the Managing Director, will attend on behalf of the company in a virtual mode.The details of the podcast participation are presented below:DateEventModeVenue10th April 2026YouTube Podcast organized by Small Cap SpotlightOne on One MeetingVirtualThe company noted that no Unpublished Price Sensitive Information will be shared during the podcast session.VSTL...
Ashoka Buildcon Ltd Issues Rs. 100 Crore in Commercial Papers
Ashoka Buildcon Ltd Issues Rs. 100 Crore in Commercial Papers Ashoka Buildcon Ltd announced the issuance of Commercial Papers (CPs) amounting to Rs. 100 Crore on April 08, 2026. The details regarding this debt instrument transaction provide specifics on the tenure, coupon rate, and payment schedules for the investors.The Commercial Papers, bearing ISIN: INE442H14527, were allotted on April 08, 2026, with a maturity date set for July 07, 2026. These papers carry a coupon/interest rate offered at 7.45%.The payment structure for the instrument is detailed as follows:Interest payment is scheduled upfront. The principal amount is scheduled for payment on the maturity date, July 07, 2026.The Company also clarified that the CPs are...
Panther Industrial Products Ltd to Amalgamate with Shivang Edibles Oils Limited
Panther Industrial Products Ltd to Amalgamate with Shivang Edibles Oils Limited Panther Industrial Products Limited announced the Board of Directors' approval for a Scheme of Amalgamation with Shivang Edibles Oils Limited. The Board meeting was held on April 08, 2026, and the approval covers the amalgamation between Panther Industrial Products Limited, acting as the Transferor Company, and Shivang Edibles Oils Limited, acting as the Transferee Company.The proposed Scheme is subject to necessary statutory and regulatory approvals, including the approval of the jurisdictional bench of the National Company Law Tribunal.Amalgamation Scheme Details The details pertaining to the scheme of amalgamation, as required, confirm the...
Bosch Limited to Acquire Bosch Chassis Systems India Private Limited to Enhance Mobility Portfolio
Bosch Limited to Acquire Bosch Chassis Systems India Private Limited to Enhance Mobility Portfolio Bosch Limited announced plans to significantly enhance its mobility portfolio by acquiring Bosch Chassis Systems India Private Limited (RBIC). The proposed acquisition involves taking a 100% stake in RBIC through a combination of cash consideration and the issuance of equity shares on a preferential basis.The Board of Directors of Bosch Limited approved the acquisition during a meeting held on April 8, 2026. The acquisition, which will make RBIC a Wholly owned subsidiary and material subsidiary of Bosch Limited, involves a total consideration not exceeding Rs. 9,068.68 crores for a 100% stake.The transaction is structured such that the...
Lodha Developers Ltd Allots Equity Shares Under Employee Stock Option Plan
Lodha Developers Ltd Allots Equity Shares Under Employee Stock Option Plan Lodha Developers Ltd has allotted 63,642 equity shares of ₹ 10 each on April 8, 2026. This allotment was made pursuant to the terms of the 'Lodha Developers Limited - Employee Stock Option Plan 2021' and the 'Lodha Developers Limited Employee Stock Option Scheme 2021 - II'.The allotment details pertain to the employee stock option programs managed by the company.The relevant company information for market tracking includes:BSE Limited Scrip Code: 543287 Debt Segment Codes: 976262, 976764, 976923, 976895, 977163, 977293 National Stock Exchange of India Limited Trading Symbol: LODHALODHA Stock Price Movement Today, shares of Lodha Developers Limited edged...
GOCL Corporation Limited's Electronics Manufacturing Services Facility Becomes Operational
GOCL Corporation Limited's Electronics Manufacturing Services Facility Becomes Operational GOCL Corporation Limited has announced that its newly established Electronics Manufacturing Services (EMS) facility in Gummadidala, near Hyderabad, has become fully operational. The facility achieved full operational status on April 8, 2026, following the receipt of the factory license.GOCLCORP Stock Price Movement Today, GOCL Corporation Limited shares rallied to settle at ₹273.35, marking a 2.70% increase in after-hours trading. The stock saw considerable activity, processing a total traded volume of 184,224 shares today.Source:
Supreme Power Equipment Secures ₹ 13.50 Crore Order, Marking Entry into Maharashtra Market
Supreme Power Equipment Secures ₹ 13.50 Crore Order, Marking Entry into Maharashtra Market Supreme Power Equipment Limited (SPEL), a major manufacturer of power and distribution transformers, has secured a new order worth ₹ 13.50 Cr from an Engineering, Procurement, and Construction (EPC) company located in Maharashtra. This contract marks the company's initial order in the state of Maharashtra, signaling a key step in its geographical expansion efforts.The contract encompasses the supply of 20 MVA, 110/33-11 kV power transformers, which are essential components for power transmission and distribution infrastructure. The order is slated for execution over a period of approximately 7 months, highlighting the company's capacity for...
HDFC Asset Management Announces Investor/Analyst Meet in Europe
HDFC Asset Management Announces Investor/Analyst Meet in Europe HDFC Asset Management Company Limited has scheduled an investor and analyst meeting in Europe from April 27 to April 29, 2026. The company representatives will attend this event, which is categorized as a non-deal roadshow.The details of the meeting are structured as follows:DateNameVenueType of MeetingNature of MeetingApril 27 to April 29, 2026Non-deal roadshowEuropeIn PersonOne on One/ GroupThe company noted that the schedule for this meeting may be subject to change due to exigencies on the part of the investor or the Company.HDFCAMC Stock Price Movement Today, HDFC Asset Management Company Limited shares edged higher to close at ₹2539.4, capturing an...
Zenith Exports Approves Board Meeting Outcomes Regarding Director Appointments and Property Sale
Zenith Exports Approves Board Meeting Outcomes Regarding Director Appointments and Property Sale Zenith Exports Limited, during its Board of Directors Meeting held on April 8, 2026, approved several key corporate actions concerning the appointment of Independent Directors and the potential disposal of a company property.The Board considered and approved the draft notices for a Postal Ballot related to the appointment of two individuals as Additional Directors in the capacity of Independent Directors.The Board approved the following concerning the appointments:Mrs. Priyanka Poddar (DIN: 10481007) was considered for appointment as an Additional Director (Non-Executive, Independent Director). Her term would commence from March 6...
Acetech E-Commerce Limited Approves Acquisition of LumiArt Digital Assets for Business Expansion
Acetech E-Commerce Limited Approves Acquisition of LumiArt Digital Assets for Business Expansion Acetech E-Commerce Limited announced that its Board of Directors approved an Asset Purchase Agreement to acquire the digital assets and rights associated with the e-commerce business trading as LumiArt. The acquisition involves purchasing the platform located at https://lumiart.design/, which specializes in selling lighting products.The Board's strategic objective with this acquisition is to expand the product range by incorporating new and innovative decor items that maintain the brand's established aesthetic and quality standards. The company plans to boost revenue growth and strengthen its financial performance by utilizing highly...
Tata Motors to Host Investor Day on June 23, 2026, in Mumbai
Tata Motors to Host Investor Day on June 23, 2026, in Mumbai Tata Motors Limited announced that it will host its Investor Day on Tuesday, June 23, 2026, in Mumbai. The company, formerly known as TML Commercial Vehicles Limited, provided details regarding the upcoming event.Interested parties can express their interest in attending the Investor Day via a specified link. The deadline for expressing interest is set for Saturday, May 30, 2026.Due to the event venue having limited seating capacity, the company confirmed that it will contact registered attendees via email to confirm their participation by Monday, June 15, 2026. Admission to the event remains at the sole discretion of the Company.Following the event, a copy of the...
Muthoot Microfin Ltd Approves Issuance of Non-Convertible Debentures via Private Placement
Muthoot Microfin Ltd Approves Issuance of Non-Convertible Debentures via Private Placement The Debenture Issue and Allotment Committee of Muthoot Microfin Ltd approved the issuance of Non-Convertible Debentures (NCDs) on a Private Placement basis. This approval was reached during a committee meeting held on April 08, 2026.The committee approved the issuance of up to 7161 Listed, Rated, Secured, Redeemable Non-Convertible Debentures. These NCDs have a nominal value of ₹100000 (One Lakh) each, resulting in an aggregate nominal value of ₹71,61,00,000 (Indian Rupees Seventy-One Crores Sixty-One Lakh). The aggregate value of the NCDs is equivalent to USD 7.7 million, based on the current exchange rate.Key Details of the Proposed NCD...
Gangotri Textiles Ltd to Hold Board Meeting on May 15, 2026
Gangotri Textiles Ltd to Hold Board Meeting on May 15, 2026 Gangotri Textiles Ltd has announced that a meeting of its Board of Directors is scheduled for Friday, May 15, 2026. The meeting is set to commence at 10:30 a.m.The Board meeting is convened to consider, among other matters, the approval of the Audited Financial Results of the Company for the period ended March 31, 2026. The meeting will be conducted through Video Conferencing at the Company's Registered Office.Source:
Stovec Industries Ltd Announces 52nd Annual General Meeting Details
Stovec Industries Ltd Announces 52nd Annual General Meeting Details Stovec Industries Ltd has scheduled its 52nd Annual General Meeting (AGM) to take place on Thursday, May 7, 2026. The meeting will be held via video conferencing or other audio-visual means (VC/OAVM).For the purposes of the AGM, the company's Register of Members and Share Transfer Books will be closed from May 1, 2026, to May 7, 2026, inclusive.The company provided the following details regarding the book closure and record date:Security CodeType of SecurityBook ClosureRecord DatePurpose504959EquityMay 1, 2026 to May 7, 2026 (both days inclusive)April 2026For ascertaining the names of the Shareholders for the AGM and payment of dividend @ Rs. 12/- per Equity...
Viksit Engineering Ltd Receives Trading Approval for 12,500 Equity Shares
Viksit Engineering Ltd Receives Trading Approval for 12,500 Equity Shares Viksit Engineering Ltd confirmed the receipt of trading approval for 12,500 fully paid-up equity shares. The shares have a face value of INR 10 each.The company issued an update confirming that it received the revised letter for trading approval from the Stock Exchange on April 7, 2026. These shares were allotted to public shareholders and the approval was sanctioned following the Board of Directors meeting on November 28, 2025, and in line with the NCLT Order read with the Resolution Plan approved therein.The total value of the 12,500 equity shares amounts to INR 1,25,000.The revised letter confirming the trading approval is to be treated as the valid and...
GHCL Ltd To Hold 217th Board Meeting on May 5, 2026; Trading Window to Remain Closed
GHCL Ltd To Hold 217th Board Meeting on May 5, 2026; Trading Window to Remain Closed GHCL Ltd has scheduled its 217th Board Meeting for Tuesday, May 5, 2026. The meeting is set to consider and approve several key corporate matters related to the financial year ended March 31, 2026.The agenda items slated for discussion and approval include:The audited financial results for the quarter or year ended March 31, 2026, which covers the consolidated audited annual accounts of the Company for the financial year ended March 31, 2026. Recommendations regarding dividends, if any, for the financial year ended March 31, 2026. Fixation of the date for the 43rd Annual General Meeting of the Company. Approval of the Capital Budget and Revenue...
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